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Prior to enactment of the Retirement Benefits Act, the retirement benefits sector in Kenya was regulated by fragmented legislation, mostly Trust and Income Tax Laws. Without a specific body or regulations to set industry standards, pension schemes adopted different styles of operation, leading to serious challenges in proper administration of ...
The National Social Security Fund was established in 1965 through the Act of Parliament Cap 258 of the Laws of Kenya. It initially operated as a Department of the Ministry of Labour until 1987 when the act was amended, transforming the fund into a state corporation under the management of a board of trustees. [ 2 ]
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The company was founded in August 1998 as a co-operative society under the name Zimele Multi-Purpose Co-operative Society Ltd. [4] [13] In 2018, Zimele Asset Management was named in Kenya's Top 100 Mid-Sized Companies survey conducted by KPMG and Nation Media Group.
The Group's origins in Kenya date back to 1968 when it was a department within the Kenya National Federation of Co-operatives. In 1978, the department was registered and licensed as Co-operative Insurance Services Limited, a composite insurance company to write all classes of business with its target market, the cooperative movement.
Old Mutual Holdings Plc, Formally known as UAP Holdings Limited, is an investment, retirement, and insurance group that operates mainly in Eastern Africa.UAP Holdings is one of the leading insurance and financial services groups in eastern Africa with a network of branches and operational subsidiaries spread across the greater eastern and central Africa regions.
The Social Health Authority (SHA) is a State Corporation of the Government of Kenya that is responsible for the provision and management of public health insurance within the Republic of Kenya. [1] The core business and mandate of the SHA is to provide accessible, affordable, sustainable and quality health insurance for all Kenyan citizens, and ...
GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC (or GTBank) into a Holding Company. [2] GTCO Plc's reorganisation means it will now offer more services beyond banking; with a payments business being top of mind for the group. [3]